According to Finance Minister Zhuang Cuiyun on November 11, Taiwan's Avoid Double Taxation Agreement (ADTA) with the United States passed the U.S. House in January and now awaits Senate approval. Zhuang stated that Taiwan aims to secure passage before December 20, during the current "lame duck" cong
According to Reuters, Microsoft and other companies are urging the Trump administration to halt a planned ban on importing AI data center components from China. The U.S. Federal Communications Commission is advancing the ban, which targets Chinese optical modules used to transmit data via fiber opti
According to Yonhapinfomax, SK announced on November 11 it will sell its electric vehicle charger manufacturer SK Signet to global private equity firm Anchor PE for an initial 75 billion won, with conditional payments up to 125 billion won tied to SK Signet's 2028-2029 EBITDA performance. External
According to OpenAI CFO Sarah Fryer, the company reported third-quarter revenue of $10 billion on November 10, marking a 50% increase from the prior quarter and translating to an annualized run rate approaching $50 billion. Enterprise (B2B) revenue doubled sequentially, driving the overall growth a
According to official announcement, U.S. robotics company Nidus completed a $30 million funding round on November 11, led by Kleiner Perkins and Costanoa, with participation from Ludlow Ventures, SF1, Absolute Partners, Tau, and angel investors including Hadrian founder Chris Power and Dulo co-found
According to CoreWeave's latest earnings report released on November 10, the AI cloud infrastructure provider's compute capacity has sold out through 2027, with demand for 2028 resources exceeding available supply by multiple times. The company raised service prices by approximately 25% in July, fol
According to Gopax, the exchange's deposit/withdrawal and trading services have remained restricted for five consecutive days since November 6, with no specific restart time yet announced. A company representative told Digital Asset on November 11 that management is deliberating on the timing, notin
According to an official announcement on November 11, AI data and expert network company Mercor completed a $750 million Series D funding round, valuing the company at $20 billion, double its $10 billion valuation from October 2025. The round was led by investors including Benchmark, Felicis, Fundom
According to Puyinews, JD.com launched beta testing of independent short-video product '京东追剧福利社' on November 10 with a free model. The product combines short-drama viewing with e-commerce, allowing users to claim rewards while watching and purchase featured items directly through JD fulfillment. The
According to SMBC Nikko Securities strategist Ataru Okumura on November 11, Japan's central bank may be forced to follow the Federal Reserve in raising interest rates to prevent yen weakness and rising bond yields, as strong U.S. inflation data fuels expectations for Fed rate hikes. The strategist w
According to Taimei Times, Tung Ho Yacht (8478) reported nine-month consolidated revenue of NT$3.73 billion, down 10.3% year-over-year, with consolidated net income of NT$668 million, down 33.2% year-over-year, and earnings per share of NT$7.11 as of the third quarter. Third-quarter standalone cons
CoreWeave reported third-quarter revenue of $3.66 billion on Tuesday, November 10, surpassing analyst expectations of $3.56 billion and marking 168% year-over-year growth. The Nvidia-backed AI infrastructure provider raised its 2026 revenue guidance to $13.0–$13.3 billion from the previous range of
According to The Block, Ark Invest reduced its Block Inc. position by approximately $3 million on Tuesday, and simultaneously sold $346,364 worth of Bullish stock. The company also purchased 33,241 shares of eToro stock valued at approximately $716,676.
According to S&P Global, Samsung Fire Insurance has sufficient capital to fund its $1.67 billion acquisition of Lloyd's insurer Canopius on November 11. The rating agency stated the insurer will raise its stake from 40% to 80.6%, with partners Korea Investment Corporation holding 7.3% and KKR holdin
According to CryptoTicker, a draft proposal from Germany's Federal Finance Ministry on October 28 outlined plans to expand the country's account inquiry system to cover crypto accounts. Under the proposal, crypto exchanges and digital asset service providers must register customer account informatio
According to a Facebook statement posted on November 10, Song Eon-seok, a lawmaker from South Korea's People Power Party, argued that the government should abolish the digital asset income tax instead of merely postponing its implementation for two years. Song stated that while postponement is prefe
According to Rick Rieder, BlackRock's Global Head of Bond Investing, on November 10, patient investors will continue to be rewarded through interest income despite higher-than-expected U.S. October consumer price inflation. Rieder stated that core goods inflation (excluding used cars) accelerated 0.
According to Robbie Mitchnick, BlackRock's head of digital assets, on November 9 the company's spot Bitcoin ETF IBIT reached a record level of cumulative conversions, with approximately $3.6 billion in existing Bitcoin converted from direct holdings into IBIT shares since July 2025. These conversion
According to Lite-On Technology (2301) executives, the Taiwan-based company is collaborating with U.S. cloud service and optical chip manufacturers to develop pluggable ELS (Ethernet Link Signal) light source modules for CPO (Co-Packaged Optics) and NPO (Near-Package Optics) applications. The module
